Pixelworks (FRA:PXL) Cyclically Adjusted PB Ratio: 0.61 (As of Aug. 06, 2026) — 79% Below Median

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FRA:PXL Pixelworks Inc FRA:PXL
41 GF Score
Price €5.21
! 4 Warning Signs
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What is Pixelworks Cyclically Adjusted PB Ratio?

Pixelworks FRA:PXL -2.25% 41 Cyclically Adjusted PB Ratio is 0.61 as of Aug. 06, 2026, which is 79% below its 10-year median of 2.90. GuruFocus rates FRA:PXL with a GF Score™ of 41/100. The stock has 4 warning signs investors should review. Among 731 Semiconductors companies, Pixelworks ranks better than 88.37% on this metric.

As of today (2026-08-06), Pixelworks's current share price is €5.21. Pixelworks's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €8.61. Pixelworks's Cyclically Adjusted PB Ratio for today is 0.61.

The historical rank and industry rank for Pixelworks's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:PXL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 2.9   Max: 7.64
Current: 0.63

During the past years, Pixelworks's highest Cyclically Adjusted PB Ratio was 7.64. The lowest was 0.43. And the median was 2.90.

FRA:PXL's Cyclically Adjusted PB Ratio is ranked better than
88.37% of 731 companies
in the Semiconductors industry
Industry Median: 3.12 vs FRA:PXL: 0.63

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Pixelworks's adjusted book value per share data for the three months ended in Mar. 2026 was €7.782. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €8.61 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pixelworks  (FRA:PXL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Pixelworks Cyclically Adjusted PB Ratio Related Terms


Pixelworks Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pixelworks's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pixelworks Cyclically Adjusted PB Ratio Chart

Pixelworks Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.30 1.71 1.29 0.77 0.64

Pixelworks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.64 1.04 0.64 0.53

FRA:PXL vs SQNS, NA, GUER: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Pixelworks's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pixelworks Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Pixelworks's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pixelworks's Cyclically Adjusted PB Ratio falls into.


FRA:PXL
41GF Score
Pixelworks Inc FRA:PXL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pixelworks Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Pixelworks's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.21/8.61
=0.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pixelworks's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Pixelworks's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.782/330.2130*330.2130
=7.782

Current CPI (Mar. 2026) = 330.2130.

Pixelworks Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.574 241.018 9.007
201609 6.428 241.428 8.792
201612 7.502 241.432 10.261
201703 9.238 243.801 12.512
201706 8.575 244.955 11.560
201709 11.963 246.819 16.005
201712 11.539 246.524 15.456
201803 11.739 249.554 15.533
201806 11.927 251.989 15.629
201809 12.543 252.439 16.407
201812 14.105 251.233 18.539
201903 13.237 254.202 17.195
201906 14.245 256.143 18.364
201909 14.275 256.759 18.359
201912 13.355 256.974 17.161
202003 12.249 258.115 15.670
202006 11.247 257.797 14.406
202009 9.222 260.280 11.700
202012 10.209 260.474 12.942
202103 9.130 264.877 11.382
202106 8.449 271.696 10.269
202109 8.119 274.310 9.774
202112 8.004 278.802 9.480
202203 7.414 287.504 8.515
202206 7.347 296.311 8.188
202209 7.453 296.808 8.292
202212 6.664 296.797 7.414
202303 4.831 301.836 5.285
202306 4.262 305.109 4.613
202309 3.219 307.789 3.454
202312 2.415 306.746 2.600
202403 1.805 312.332 1.908
202406 0.093 314.175 0.098
202409 -1.473 315.301 -1.543
202412 -2.028 315.605 -2.122
202503 -2.817 319.799 -2.909
202506 -3.657 322.561 -3.744
202509 -3.624 324.800 -3.684
202512 -2.843 324.054 -2.897
202603 7.782 330.213 7.782

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.61 mean?
Pixelworks (FRA:PXL) has a Cyclically Adjusted PB Ratio of 0.61 as of Aug. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Pixelworks and its competitors. This is 79% below median its historical median of 2.90. Over the past decade, Pixelworks' Cyclically Adjusted PB Ratio has ranged from 0.43 to 7.64. According to the industry distribution chart, Pixelworks ranks #85 out of 731 companies in the Semiconductors industry, placing it in the top 11.6%.
Is Pixelworks' Cyclically Adjusted PB Ratio too high?
Pixelworks' current Cyclically Adjusted PB Ratio of 0.61 is 79% below median its 10-year median of 2.90. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 7.64. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.12. Pixelworks' value of 0.61 is 80.4% below this industry median. Based on the distribution chart, Pixelworks ranks #85 out of 731 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Pixelworks has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Pixelworks' Cyclically Adjusted PB Ratio compare to SQNS and NA?
According to the Semiconductors industry distribution chart, Pixelworks ranks #85 out of 731 companies for Cyclically Adjusted PB Ratio. This places Pixelworks in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.12. Pixelworks' value of 0.61 is 80.4% below this benchmark. Historically, Pixelworks' own Cyclically Adjusted PB Ratio has ranged from 0.43 to 7.64 over the past decade. While the company's 10-year median is 2.90 vs. the industry median of 3.12, Pixelworks has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.12, based on 731 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pixelworks's current Cyclically Adjusted PB Ratio of 0.61 is 80.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Pixelworks and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pixelworks's current Cyclically Adjusted PB Ratio is 0.61, which is 79% below median its own 10-year median of 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pixelworks stock overvalued right now?
Pixelworks (FRA:PXL) has a current Cyclically Adjusted PB Ratio of 0.61. The current Cyclically Adjusted PB Ratio is 0.61, which is 79% below median its 10-year median of 2.90 and 80.4% below the Semiconductors industry median of 3.12. Pixelworks' overall GF Score™ is 41/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Pixelworks (FRA:PXL), the current Cyclically Adjusted PB Ratio is 0.61 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pixelworks Business Description

Other Exchanges PXLW:USA
Address 16760 SW Upper Boones Ferry Road, Suite 101, Portland, OR, USA, 97224
Pixelworks Inc is a provider of visual processing semiconductor and software solutions that enable consistently high-quality and authentic viewing experiences in a wide variety of applications. The company defines its key target markets as Mobile (smartphone and tablet), Home and Enterprise (projectors, personal video recorders (PVR), and over-the-air (OTA) streaming devices), and Cinema (creation, remastering, and delivery of digital video content). The company generates its revenue from two broad product markets: the Mobile market and the Home and Enterprise market. The majority of the revenue is earned in Japan.
41GF Score

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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.21
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